N.J. Admin. Code § 13:69N-1.2 - General requirements for sports pools and online sports pools
(a) A
racetrack authorized to conduct a sports pool or online sports pool shall
comply with all applicable requirements of:
1.
N.J.A.C.
13:69D-1.1, 1.8, 1.10, 1.11, 1.14, 1.15, 2.1,
2.2, 2.3, 2.4, 2.5, and 3.1;
2.
N.J.A.C.
13:69E-1.28O and 1.28R;
3.
N.J.A.C.
13:69J-1.1, 1.2, 1.2B, 1.3B, 1.14, and
1.14B;
4.
N.J.A.C.
13:69L-1.1 and 1.4 through 1.8; and
5.
N.J.A.C.
13:69O-1.2, 1.3, 1.4, 1.7, and 1.9.
(b) No casino or racetrack
licensee shall operate or accept wagers from either a sports pool or online
sports pool, unless the licensee has commenced operation in a sports wagering
lounge, except that:
1. Online sports wagering
may commence for a period not to exceed nine months upon the approval of the
Director if the lounge is under construction; and
2. Casino and racetrack sports wagering may
commence upon the approval of the Director in a temporary sports pool facility
for a period not to exceed nine months if the lounge is under construction. The
Director may extend the use of the temporary facility for good cause.
(c) An internet gaming affiliate
may commence online sports wagering if an associated casino has commenced
operation in a sports wagering lounge, except that online sports wagering may
commence in a temporary sports pool facility for a period not to exceed nine
months upon the approval of the Director if the lounge is under
construction.
(d) A casino
licensee, racetrack, or online sports wagering operator offering a sports pool
or online sports pool shall maintain a cash reserve of an amount necessary to
ensure the ability to cover both the outstanding unpaid winning sports pool
wagers and the outstanding sports pool wagers where the outcome has not been
determined. On a monthly basis, an attestation with an accounting of the
required cash reserve shall be submitted to the Division.
(e) Each sports pool operator shall, prior to
commencing operations, and annually thereafter, perform a system integrity and
security assessment conducted by an independent professional selected by the
licensee. The party performing the assessment and the scope of the assessment
shall be approved by the Division. The independent professional's report on the
assessment shall be submitted to the Division and shall include:
1. Scope of review;
2. Name and company affiliation of the
individual(s) who conducted the assessment;
3. Date of the assessment;
4. Findings;
5. Recommended corrective action, if
applicable; and
6. The operator's
response to the findings and recommended corrective action.
(f) A sports pool operator shall
investigate each patron complaint and provide a response to the patron within
five calendar days. For complaints that cannot be resolved to the satisfaction
of the patron and which are related to patron accounts, settlement of wagers,
and/or illegal activity, a copy of the complaint and licensee's response,
including all relevant documentation, shall be provided to the Division or New
Jersey Racing Commission, as applicable.
(g) An online sports pool operator shall only
accept wagers from patrons that have been affirmatively located as being
physically present in the State of New Jersey at the time of their
wager.
Notes
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